However you feel about big-box retail setting up shop in New York, Walmart’s announcement last week of a $4-million donation to New York City’s Summer Youth Employment Program (SYEP) offered some cause for celebration. According to the New York City government, private funds donated by Walmart and other companies will enable the program to provide an additional 4,000 New York City youth (aged 14 to 24 years old) with summer employment and educational opportunities. This comes on top of the 24,000 slots the program had secured through public funds alone.
SYEP, which began in the 1960s, places youth in various minimum-wage jobs at camps, parks, government agencies, nonprofit organizations, retail companies, and small businesses across the five boroughs of New York City. It also offers career exploration opportunities, training in financial literacy and information about post-secondary educational opportunities. Though reduced from the 35,000 placements made in 2010 and the 52,000 made in 2009, the 28,000 jobs SYEP will offer youth this summer are good news at a time when 24.5 percent of 16- to 19-year olds and 14.5 percent of 20- to 24-year-olds are unemployed across the country. But still, with 131,000 young people filing applications to be a part of SYEP this year, there remains unmet demand by aspiring workers.